Last week’s Intelligence report noted a quieter market as a result of the Chinese New Year celebrations.
But one notable change was the spread between the price of OCC and mixed paper getting tighter. After reaching a very high gap of £35 last week, OCC dropped by a pound and mixed was up by £2 to bring the spread in. It still remains high though.
More on this story below
Have you booked to attend Secondary Commodity Markets Conference 2016 as yet? Find out more here
Subscribe to Intelligence to get more of a sense of where the spread would normally be.
Copper grades were up by £25 last week, while brass fell back by the same amount. There was no change for aluminium or ferrous grades.
Plastic prices were also unchanged.
Want a free four-week trial of Intelligence? Then email firstname.lastname@example.org to request it.
Please note, we do not give a free trial to anyone who has had one in the past year, or who has a generic email address such as Hotmail, yahoo or gmail. We reserve the right to refuse a free trial and our decision is final.
A special LARAC Intelligence report is provided every Friday free of charge to local authority LARAC members and is available to download on the LARAC website or can be emailed each week on request.